Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 6

Which two statements are true about the Invoice Validation process?

Answer options

• A. creates withholding tax invoices, if withholding tax is enabled to create withholding tax at payment, so that you can make payment on this invoice
• B. validates project information
• C. updates supplier balances
• D. creates tax lines and distributions
• E. creates accounting entries in draft

Correct answer: B, C

Explanation

Option B is correct because the Invoice Validation process indeed validates project information. Option C is also correct as this process updates supplier balances. Options A, D, and E do not accurately describe the main functions of the Invoice Validation process.